题目：Imbedded Differences under IFRS – An Empirical Study of Canada, the UK and Australia
时间：2014年5月9日（周五）15:00-16：30
地点：嘉庚二号楼513教室
报告人：Peter Secord, Associate Professor of Accounting, Saint Mary University
主持人：Jinshuai Hu, assistant professor of Accounting, IFAS
论文摘要：
International Financial Reporting Standards (IFRS) consist of a broad range of principles-based accounting standards. In the effort to gain wide acceptance, many of the individual IFRS have built in a large numbers of overt and covert options, vague criteria, interpretations and measurement estimations. Some researchers (e.g., Nobes 2006) have argued that the flexibilities within IFRS provide numerous opportunities for pre-existing differences in financial reporting practices of companies in IFRS adopting countries to survive. The factors that caused the national accounting systems to be unique will continue to play a role in shaping the financial reporting practice of companies in the countries that have adopted IFRS. Previous empirical studies have provided evidence of the survival of international difference under IFRS.
Since the Canadian requirement to adopt IFRS is for financial periods beginning on or after 1 January, 2011, public companies have released their financial statements prepared under the mandatory IFRS requirement for the first time in early 2012, and now in 2013. The research method to be used is an annual report study that involves the extraction of key data from the 2012 annual reports of a small sample of Canadian non-financial public companies included in the TSX100. We analyze and summarize selected key accounting policies of these companies and compare them with the key accounting practices in the same areas of similar companies in the United Kingdom and Australia, where IFRS adoption is already in place and test on the extent of differences within the policies selected.